The Saudi Company “Kingdom Holding – المملكة القابضة” has announced buying stocks that are worth 1,125 billion Saudi Riyal (around $300 million) in the social network Twitter. The Billionaire Saudi Prince Al-Waleed Bin Talal which is one of the richest men in the world is actually the chairman of board of directors at that company. The process of this agreement took months of negotiations to reach the end point.
It is interesting to know that the same company has signed a contract last summer to build the tallest tower in the world (+1000 meter in Jedda, KSA) which will beat the currently tallest tower Burj Khalifa (830 meter in Dubai, UAE).
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